Marijuana stocks have been bouncing around in the market trying to pick up steam. With some of the leading companies presenting new ideas to impact the marijuana industry. Some companies have managed to put themselves in the spotlight due to their commitment to innovation for the future. While these companies are on the uprise terms of market cap, they continuously illustrate why the ancillary cannabis market is so important for marijuana stock investors.
A Pot Stock Making Big Waves in the Industry
CLS Holdings USA (CLSH) is a diversified cannabis company that has been working in cannabis production as well as the retail sale of the substance. CLS Holdings has managed to do this through a series of Oasis Cannabis subsidiaries that are wholly-owned, within the state of Nevada. The company has illustrated that their proprietary method of cannabis extraction is of the utmost quality. CLS Holdings has been able to extract various compounds from the cannabis plant. With the extract, CLSH can use it turn out cannabis concentrates with extremely high quality and consistency.
One of the largest issues with marijuana products is that they tend to be inconsistent. This refutes their case for use as a medicinal substance as it cannot produce consistent results. With the products made by CLS Holdings, this worry is seeming to go out the window. In addition, the company also participates in licensing operations, processing, product sales, brand creation and consulting. Because of their broad scope across the market, CLS Holdings has managed to remain at the top of pot stock investors minds.
A Big Acquisition for CLS Holdings
The company recently announced that they have entered into a letter of intent to acquire In Good Health, a dispensary based in Brockton MA. This acquisition will see the former begin to reap the benefits of one of the most prominent dispensaries in the state.
As their are only 48 licensed retailers of cannabis in Massachusetts, it seems as though In Good health is positioned to continue taking over the space. With over 18,000 patients and a delivery network of around 1,700 homes, the choice to acquire In Good Health seems like a solid move for the future of CLS Holdings in the marijuana stock market.
Another Alternative Play for Pot Stocks
Innovative Industrial Properties (NYSE:IIPR) is a company that has continuously proven their track record as an REIT. The company specializes in leasing out facilities that can then be used to grow the raw cannabis substance. Because their business model is so predictable, the company has been able to deliver consistent results for their marijuana stock investors. As they continue to operate their wholly owned 19 properties across eleven states, Innovative Industrial Properties should remain at the forefront of cannabis investors minds.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and CLS Holdings USA Inc. (CLSH), Midam has been paid $200,000 from CLS Holdings USA Inc. (CLSH) for a period from April 26, 2019 to May 26, 2019. We may buy or sell additional shares of (CLSH) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about CLS Holdings USA Inc. (CLSH).
Published at Tue, 02 Jul 2019 12:47:29 +0000